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Emirates Airline operates special flights to repatriate Pakistanis from UAE

By Rafiq Vayani
May 8, 2020 UTC
in :  Business & Finance, News

KARACHI: Emirates operates special flights to repatriate Pakistani nationals from the UAE. These special flights to Islamabad, Karachi and Peshawar facilitated travel for residents and visitors wishing to return home. Flight EK612 carrying passengers from Dubai International airport arrived in Islamabad at 1630 hours on 07 May, and EK608 arrived in Karachi later on 07 May at 1810 hours. The …

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airBaltic secures equity to overcome crisis

By Rafiq Vayani
May 8, 2020 UTC
in :  Business & Finance, News, Travel

RIGA: The Cabinet of Ministers of the Republic of Latvia, as the majority shareholder of Latvian airline airBaltic, has approved the investment of up to EUR 250 million into the equity of airBaltic in order to mitigate the company to overcome the economic crisis caused by COVID-19. Martin Gauss, the CEO of airBaltic, said: “With this new equity investment, we can begin to execute our new …

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Shazad Dada appointed President & CEO of United Bank Limited

By Rafiq Vayani
May 8, 2020 UTC
in :  Business & Finance, News

BIZ TODAY REPORT KARACHI: One of the good news coming in these torrid times, is the appointment of Mr. Shazad G. Dada as the President & CEO of United Bank Limited. Shazad Dada a seasoned banker is not new on leading positions, as he is currently President & CEO of Standard Chartered Bank in Pakistan and with that he also …

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Meezan Bank announces good results for first quarter of 2020

By Rafiq Vayani
May 7, 2020 UTC
in :  Business & Finance, News

News Desk KARACHI: The Board of Directors of Meezan Bank in its meeting, held on May 05, 2020 approved the financial statements of the Bank for the quarter ended on March 31, 2020. The meeting was presided by Mr. Riyadh S.A. A. Edrees – Chairman of the Board; Mr. Faisal A. A. A. Al – Nassar – Vice Chairman of the …

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Nestlé Pakistan partners with leading NGOs to support COVID-19 affectees

By Rafiq Vayani
May 7, 2020 UTC
in :  Business & Finance, News

LAHORE: As part of its PKR 100 million commitment to support vulnerable communities affected by the COVID-19 pandemic, Nestlé Pakistan has partnered with leading non-governmental organizations Akhuwat, Saylani Welfare International Trust, Shahid Afridi Foundation, Salman Sufi Foundation and RIZQ to support them in their relief activities. Nestlé Pakistan’s product donation towards government and non-government organisations, includes 4 million servings of milk, iron …

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Dubai Chamber honors support staff

By Rafiq Vayani
May 7, 2020 UTC
in :  Business & Finance, News

DUBAI: In celebration of International Workers Day and as commitment to its social responsibility, the Dubai Chamber of Commerce and Industry honored its support staff, in recognition of their vital role in ensuring a clean and safe environment for employees and customers of the Chamber. For the 12th year, in a row, the Chamber gave financial rewards to the support …

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KLM announces first quarter results (Q1) 2020

By Rafiq Vayani
May 7, 2020 UTC
in :  Business & Finance, News, Travel

AMSTELVEEN: As a consequence of the Covid-19 outbreak, KLM is currently navigating a storm of unprecedented severity, as reflected in the figures for the first quarter of 2020. While the first two months started positively, the downturn from the start of March has been enormous. In the course of March, most of the fleet was grounded and the number of …

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Dubai Chamber completed more than 100,000 electronic transactions between March- April

By Rafiq Vayani
May 7, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: The Dubai Chamber of Commerce and Industry revealed that it completed 106,145 electronic transactions during March and April this year, making it easier for its members to conduct their business, and reinforcing the Chamber’s commitment to ensure   business continuity in the emirate. The e- transactions accomplished by the chamber during this period covered, most notably Certificates of …

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BurJuman reopens its doors with strict precautions in place

By Rafiq Vayani
May 7, 2020 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: In line with Government recommendations, BurJuman has reopened its doors to welcome visitors back as it operates reduced hours, from 12 pm to 9 pm. Essential services continue to operate with extended hours as before. Strict regulatory precautions have been placed, which includes wearing masks at all times, limiting mall visit time for individuals to a maximum …

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Emirates Airline Foundation appeals to Emirates’ customers to donate Skywards Miles

By Rafiq Vayani
May 7, 2020 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Thanks to customer donations, the Emirates Airline Foundation used a staggering 132 million Skywards Miles to positively impact the lives and livelihoods of more than 90,000 people, mainly children, living in some of the most impoverished communities worldwide. In the same period – from 1 April 2019 to 31 March 2020 – the Foundation also donated more …

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